Property boom over in Spain

Posted by admin on 16 August, 2008 under Business news, Property investment | Be the First to Comment

The Spanish housing market is close to collapse, prompting fears the country could go into recession.

The property market’s growth in recent years had given Spain’s economy a boost, but now inflation and a lack of growth are taking their toll.

Steve Kingstone reports from Madrid.

Click here to see the video on Spanish property crisis

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